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Assessment Data · 2026

South Marine & River District property
assessments.

The typical South Marine & River District house lot was assessed −6% for 2026, at a median of $1.82M — #14 of 25 among Vancouver neighbourhoods. Condos and townhouses were assessed −3.4%, at a median of $738K (#11 of 30).

Valued as of July 1, 2025 · City of Vancouver property tax report · BC Assessment area 018

Houses & duplex lots

49 properties on the 2026 roll

$1.82M

Median 2026 assessment

$2.03M in 2025

−6%

Typical change, 2025 → 2026

0% the year before

96%

Assessed lower than last year

2% went up

$9,125

Median 2026 property tax

Land is 98% of value

Condos & townhouses

4,560 properties on the 2026 roll

$738K

Median 2026 assessment

$756K in 2025

−3.4%

Typical change, 2025 → 2026

−0.9% the year before

81%

Assessed lower than last year

12% went up

$2,492

Median 2026 property tax

Land is 70% of value

Asking vs assessed

What sellers are asking today.

South Marine & River District condos and townhouses for sale are typically asking 4.3% below their assessed value (115 matched listings).

Asking prices on October 30, 2026, matched to each home’s own 2026 assessment. Asking isn’t selling — members can compare actual sales.

Homes for sale

Browse South Marine & River District listings.

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Look up a South Marine & River District address.

South Marine & River District assessment questions.

How much did house assessments change in South Marine & River District for 2026?
The typical South Marine & River District house or duplex lot was assessed −6% for 2026 (median $1.82M), compared with −5.3% across the City of Vancouver. 96% were assessed lower than in 2025.
What is the average condo assessment in South Marine & River District?
The median 2026 assessment for a South Marine & River District condo or townhouse is $738K, −3.4% from 2025. The median property tax bill is $2,492 before the home owner grant.
Are South Marine & River District homes selling above assessed value?
Frank can only show asking prices publicly. South Marine & River District condos for sale are typically asking 4.3% below their assessed value (115 matched listings). Asking prices are not sale prices; members can compare actual sales on Frank.

Other Vancouver neighbourhoods

Medians from every residential property in BC Assessment area 018 on the City of Vancouver’s 2026 property tax report; boundaries differ slightly from MLS® neighbourhoods. Property tax is the gross levy before the home owner grant. Frank’s figures, not BC Assessment’s or the City’s. How these numbers are made

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